RE: Poor Elon24 Feb 2021 17:13
Cheers Mr T- see this, OK Capital, but we contract them so relevant : https://twitter.com/_CapitalLimited/status/1363744258562265090
Elon is a one-off , smoking weed etc, is so rich he just doesn't seem fussed about wealth, unlike Bezos, an opposite on the face of it image wise. Gates does a lot of good- maybe Elon and Bezos will. I would wish cancer on any of them, but if one of the "super rich" got it, billions would straight in research... I'm not an electric car fan, wish they could make planes electric...
Back on gold, 10Year parring back a little, and Jerome did mention inflation, but was consistent with previous statements, as will be due to a spending surge and not become persistent, and he repeated his desire for price stability. It's his mandate, he mentions tools if a threat- time will tell. Gold typically likes inflation, and, of course, the relationship is crucial with the yield.